| NASDAQ Exchange | United States Country |
This entity is a financial investment fund focused on capitalizing on the potential growth of small-capitalization companies. Specifically, it allocates at least 80% of its net assets, in addition to any funds borrowed for investment purposes, towards purchasing equity securities of small-cap firms. These companies are defined by having a market capitalization of less than $5 billion at the time of investment, fitting within the capitalization range similar to entities listed in leading indexes like the Russell 2000® Index, the S&P SmallCap 600 Index, or the Dow Jones U.S. Small-Cap Total Stock Market Index. The fund's investment strategy is crafted to leverage the growth potential inherent in smaller companies, which often offer higher growth possibilities compared with larger, more established firms.
The fund specializes in investing in the equity securities of small-capitalization companies, those having a market cap of less than $5 billion at the time of purchase. Investment in these companies is guided by their presence in or their alignment with the capitalizations similar to companies in renowned indexes such as the Russell 2000® Index, the S&P SmallCap 600 Index, or the Dow Jones U.S. Small-Cap Total Stock Market Index. This approach targets companies that possess growth potential, aiming to capitalize on the dynamism and flexibility often found in smaller firms.
Additionally, the fund may allocate a portion of its investments towards Real Estate Investment Trusts (REITs). This diversification strategy allows the fund to tap into the real estate market indirectly, providing potential for income through dividends besides capital appreciation. Investing in REITs complements the fund's portfolio by adding a layer of investment that can serve as a hedge against inflation or market volatility, as real estate often reacts differently to economic changes compared to equities.